President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more costly and do nothing to address the root of this entire problem: the artificial housing shortage.
Total mortgage debt will increase as actual ownership in equity will go down. If homeownership does increase, it will be “ownership” of the sort where the homeowner has little to no actual equity.
As Americans celebrate the destructive wars that helped shape this country, we also remember that free markets promote peace and individual liberty.
A few hours studying the lessons of history can prevent heaps of grave-digging in the coming years. None of the veterans we celebrate on Veterans Day died protecting freedom in the US.
November 11 was once known as Armistice Day, the day set aside to celebrate the end of WWI. In this essay Rothbard discusses the war as the triumph of several Progressive intellectual strains from the late 19th and early 20th centuries.
Contra the recent winners of the Nobel Memorial Prize in economics, free markets, private savings, and entrepreneurship not so-called innovation, is what drives a market economy.
We libertarians may be anti-state, but that we are emphatically not anti-society or opposed to the real world, however contaminated it might be.
Environmentalists are at it again, this time claiming that AI centers will create environmental disasters all over the country. Once again, they exaggerate greatly.
Despite the claims from many historians that they just report the facts, the study of history is highly ideological and historians often depend upon narratives. Mises pointed out another way in his Theory and History.
If stablecoins continue to expand, the architecture of monetary control will inevitably change.
